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Stock impact report

The Real Reason Stanley Black & Decker Stock Slumped 20.4% in October [The Motley Fool]

Stanley Black & Decker, Inc. (SWK) 
Last stanley black & decker, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stanleyblackanddecker.com
Company Research Source: The Motley Fool
The industrial tools company is gearing up for a challenging 2019, so beware. Neha Chamaria ( Nehams ) Nov 12, 2018 at 4:22PM What happened As a pure play in industrials, Stanley Black & Decker ( NYSE:SWK ) couldn't escape the October bloodbath in the sector. Shares of the tool manufacturer dropped 20.4% last month, according to data provided by S&P Global Market Intelligence , hitting its lowest point in the year so far. While macroeconomic concerns are partly to blame, Stanley's weak quarterly numbers and guidance for the full year, announced on Oct. 25, further fueled fears of a slowdown in the company's business. Long-term investors seem to have found an opportunity somewhere, as the stock's up almost 5.5% so far in November, but the volatility even as I write this is unmistakable. So what The market knew tariffs and foreign currency tr Show less Read more
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